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Loan Brokers in Minnesota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS MN52231

Loan Brokers in Minnesota industry analysis

The Loan Brokers industry in Minnesota is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Loan Brokers in Minnesota Market Research Report

What’s Included in the Loan Brokers in Minnesota Market Research Report

Definition of the Loan Brokers in Minnesota?

This industry comprises brokers who arrange loans, especially mortgages, by bringing borrowers and lenders together on a commission or fee basis. Since loan brokers generate revenue through commission or on a fee basis, the increase in loan originations contributed to revenue generation and profit.

What’s included in the Loan Brokers in Minnesota?

The Loan Brokers in Minnesota includes brokering residential mortgages, brokering commercial and industrial mortgages, brokering home equity loans, brokering equipment financing arrangements and brokering vehicle loans. Related terms covered in the Loan Brokers in Minnesota industry report includes a category of mortgages that have a risk potential greater than prime, but less than subprime, a loan that has a fixed rate for a certain period of years until the rate becomes adjustable for the remainder of the loan, a loan where the borrower can qualify with no income, no job and no assets and the creation of a new mortgage that involves a range of necessary legal papers and placement of the mortgage on the lender's books.

Industry Performance of the Loan Brokers industry in Minnesota

Benchmark the Loan Brokers in Minnesota industry performance with all MN county and national performance.

Loan Brokers in Minnesota

#18 in Highest Revenue 3% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Loan Brokers in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Loan Brokers industry in Minnesota

See how key industry drivers, such as are impacting Loan Brokers in Minnesota

Minnesota Economic Indicators

Population
Unemployment Rate

View more economic information in MN State Economic profile

US Key External Drivers

House price index
30-year conventional mortgage rate
Per capita disposable income

For the full list of industry drivers, see report purchase options.

County Data of the Loan Brokers industry in Minnesota

Access proprietary data on county in the Loan Brokers in Minnesota, such as Hennepin County, Ramsey County and Dakota County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Loan Brokers industry in Minnesota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Loan Brokers industry in Minnesota in 2025?

The market size of the Loan Brokers industry in Minnesota is $497.2m in 2025.

How many businesses are there in the Loan Brokers industry in Minnesota in 2025?

There are 298 businesses in the Loan Brokers industry in Minnesota, which has been growing at an average annual rate of 9.2% from 2020 to 2025.

Has the Loan Brokers industry in Minnesota grown or declined over the past 5 years?

The market size of the Loan Brokers industry in Minnesota has been growing at an average annual rate of 6.9% from 2020 to 2025.

How many employees in the Loan Brokers industry in Minnesota in 2025?

There are 1,990 employees in the Loan Brokers industry in Minnesota, which has been growing at an average annual rate of 11.5% from 2020 to 2025.